Industry Analysis & Industry Trends
Over the five years through 2016-17, revenue for the Clothing Wholesaling industry is expected to rise only marginally, by an annualised 0.2%. As the global reach of many clothing companies grows, wholesale bypass is becoming increasingly prevalent. Low-cost producers in countries such as China and Vietnam are becoming more accessible, selling products directly to retailers and bypassing wholesalers. The Clothing Wholesaling industry's weak performance can also be attributed to low underlying demand from the clothing retail sector. The rise of online clothing stores has undermined demand for products sold through traditional retail channels, which has undercut retailers' demand for products sold by wholesalers. Revenue is expected to decrease by 1.8% in 2016-17, to reach $8.36 billion... purchase to read more
Industry Report - Industry Products Chapter
The Clothing Wholesaling industry supplies women's, men's, children's and infants' clothing, and sleepwear, underwear and accessories to clothing retailers.
Women's clothing accounts for the largest share of goods sold by the industry, as women generally spend more on clothing than men. In particular, women continue to purchase clothing during economic downturns, while men are likely to postpone such purchases. This segment has grown as a share of industry revenue over the past five years. Women demand a variety of clothing and are usually more fashion conscious than men. Therefore, profit margins for women's clothing are slightly higher than those for men's clothing. In 2016-17, women's clothing accounts for an estimated 38.7% of industry revenue... purchase to read more